HomeMy WebLinkAbout2004-048-02.02.2004 h; 3f-+ moo
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Thl , ,ution prepared by Nancy Eckert, City Clerk, 715 Mulberry
0cvSt6 terloo, Iowa .
tr-, [-� t=-i RESOLUTION NO. 2004-48
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s o H n °RESOLUTION APPROVING RELEASE OF REAL ESTATE
s H O H MORTGAGE WITH CEDAR METAL WORKS CORP. , 803
o CDRICKER STREET, IN CONJUNCTION WITH COMPLETION
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QOF PAYMENT OF LOAN #RED-45 AND DIRECTING
o M n try+ MEXECUTION OF SAID RELEASE OF REAL ESTATE
o 'l tMORTGAGE BY MAYOR.
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;,Id iAS, Cedar Metal Works Corp. has paid the City of
WatSerl C, : the remaining balance of loan for the following
deecproperty:
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Rlatted Waterloo East part Southeast 1/ Section 13
4 18wriship 89 Range 13 beginning at point of intersection
tth line Ricker Street and East line Hewitt Street
c\J ence North 260 feet along East line Hewitt Street
haice East 286 . 5 feet parallel with North line Ricker
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et thence South 260 feet parallel East line Hewitt
n Sts4eet thence West 286 . 5 feet to point of beginning,
H ' in the City of Waterloo, Black Hawk County, Iowa.
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c) NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
WARLOO, IOWA, that the Release of Real Estate Mortgage dated
February 2 , 2004 , with Cedar Metal Works Corp. , for full payment
of loan, be and the same is hereby approved and the Mayor
authorized to execute the same in behalf of the City of Waterloo,
Iowa.
PASSED AND ADOPTED this 2nd day of February, 2004 .
Timothy J. rley, M or
ATTEST:
Nancy Ecker , City Clerk